Saudi Arabia has suspended operations at several oil facilities following a series of attacks

Operations at several energy facilities belonging to the Saudi state-owned company Saudi Aramco were halted following attacks on Monday, September 7, according to Bloomberg. According to the Saudi Press Agency (SPA), citing unnamed officials from the Ministry of Energy, several people were injured as a result. It did not specify which facilities were affected. The attacks took place in the city of Jizan, located near the border with Yemen.

The region has been hit by a series of attacks after the Iran-backed Yemeni Houthis announced that they would block Saudi oil shipments in response to Riyadh's siege of Yemen's capital, Sana'a. Following a previous strike on Jizan in July, a refinery with a capacity of 400,000 barrels per day was shut down.

This latest round of escalation is likely to heighten concerns in the oil market about further supply disruptions, according to Bloomberg. Shipments through the Strait of Hormuz remain limited, as the U.S. and Iran vie for control of this key sea lane and have also resumed missile strikes.

Against this backdrop, oil prices reached their highest level since late July. On Tuesday, September 8, futures for the benchmark Brent crude rose 1.9% and traded just below $99 per barrel.

This article was AI-translated and verified by a human editor